Filing Details
- Accession Number:
- 0001181431-12-060066
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-11-21 18:15:02
- Reporting Period:
- 2012-11-19
- Filing Date:
- 2012-11-21
- Accepted Time:
- 2012-11-21 18:15:02
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1102741 | Stec Inc. | STEC | Computer Storage Devices (3572) | 330399154 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1133785 | Manouch Moshayedi | C/O Stec, Inc. 3001 Daimler Street Santa Ana CA 92705-5812 | Yes | No | No | Yes |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock (Gifted) | Disposition | 2012-05-09 | 1,133,923 | $0.00 | 2,291,077 | No | 5 | G | Indirect | Held in Trust |
Common Stock | Acquisiton | 2012-11-19 | 50,008 | $4.07 | 2,341,085 | No | 4 | P | Indirect | Held in Trust |
Common Stock | Acquisiton | 2012-11-20 | 54,829 | $4.41 | 2,395,914 | No | 4 | P | Indirect | Held in Trust |
Common Stock | Acquisiton | 2012-11-21 | 32,828 | $4.50 | 2,428,742 | No | 4 | P | Indirect | Held in Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | G | Indirect | Held in Trust |
No | 4 | P | Indirect | Held in Trust |
No | 4 | P | Indirect | Held in Trust |
No | 4 | P | Indirect | Held in Trust |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 25,000 | Direct |
Footnotes
- On May 9, 2012, the reporting person made a bona fide gift to an irrevocable trust for the benefit of his descendants. The reporting person does not serve as a trustee of, or have voting or investment control over the securities held by, such trust. The reporting person transferred these shares as a gift in an exempt transaction pursuant to Rule 16b-5 of the Exchange Act. The reporting person disclaims beneficial ownership of the shares held by the trust. The reporting person would be obligated to disclose this gift on a Form 5 filing on or before February 14, 2013, but the reporting person's share acquisitions beginning on November 19, 2012 has now accelerated the disclosure of the gift.
- The shares were acquired on November 19, 2012 in the open market. This transaction was executed in multiple trades at prices ranging from $3.96 to $4.14. The price reported above reflects the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the shares purchased at each separate price.
- The shares were acquired on November 20, 2012 in the open market. This transaction was executed in multiple trades at prices ranging from $4.07 to $4.50. The price reported above reflects the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the shares purchased at each separate price.
- The shares were acquired on November 21, 2012 in the open market. This transaction was executed in multiple trades at prices ranging from $4.48 to $4.50. The price reported above reflects the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the shares purchased at each separate price.